Anderson joined CDI in 1996 as controller, before holding several other roles within the company, including vice president of corporate finance, investor relations, risk management and treasurer.
He recently served as vice president of operations, leading the planning and construction of over $300m in capital projects across CDI’s properties.
“The opportunity to serve this company, the Commonwealth and our community as president of Churchill Downs Racetrack is the privilege of a lifetime,” said Anderson.
“As a native of Louisville, it is humbling to consider what this historic place represents to so many people.
“I am eager to build upon the great traditions of the Kentucky Derby and continue the company’s work to establish a legacy of integrity and inclusivity both at Churchill Downs and within our industry.”
He will report to CDI president and COO Bill Mudd, who said: “Mike Anderson is a uniquely qualified leader to assume the role of president at Churchill Downs Racetrack having successfully and consistently delivered on company goals across multiple departments.
“Over its 146-year history, the Racetrack has grown into an incredibly sophisticated and complex business organisation, and Anderson is poised to lead it through continued growth and success.”
CDI also named Mike Ziegler senior vice president and general manager of Churchill Downs Racetrack, and announced that Ryan Jordan has become vice president of operations, corporate, with all three changes effective immediately.
